Commonwealth Consolidated Acts

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Part does not prevent charging of fees as agreed etc.

             (1)  Nothing in this Part prevents a licensed trustee company from charging:

                     (a)  any fees that a testator, in his or her will, has directed to be paid; or

                     (b)  any fees that have been agreed on in accordance with subsection (2).

             (2)  An agreement referred to in paragraph (1)(b) that relates to the fees that may be charged by a licensed trustee company for the provision of a particular traditional trustee company service must be between the trustee company and:

                     (a)  subject to paragraph (b) of this subsection--a person or persons who have authority to deal with the trustee company on matters relating to the provision of the service; or

                     (b)  if the regulations prescribe the person or persons with whom the agreement must be made--that person or those persons.

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